Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: ALTERN8 who wrote (12076)	1/16/2003 4:20:01 PM
From: Jibacoa	Read Replies (1) of 13094

<<PLUG is looking ripe.>> Do you mean is ripe to test its support at its Dec.31 L of 4.26 or its somewhat stronger looking support from its October 10 H at 4.11 ? From a TA standpoint the resistance at the 5.25 level seems a less likely possibility at present without some positive news. On its favor is the need for on-site electric power for stationary applications, the recent emerging popularity of "fuel cells", the fact that insiders hold more than 65% of the shares, the float is only around 17M and there is a short position of about 17% of the float. siliconinvestor.com Bernard

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